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Interest charge on Gross Liability or net Liability


amol bramhankar (artical tranee)     30 July 2020

amol bramhankar
artical tranee 
 5 likes  147 points

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In gst interest calculation is after input deduction or before

avater

Amardeep Prajapati   31 July 2020

Amardeep Prajapati

 7 likes  80 points

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Interest to be calculate after setoff input
hence interest calculate on net tax liability

1 Like
avater

amol bramhankar (artical tranee)     31 July 2020

amol bramhankar
artical tranee 
 5 likes  147 points

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Any notification I have received notice and officer charge interest on Gross amount

avater

Kishor Lulla   31 July 2020

Kishor Lulla

 26 likes  414 points

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No notification yet. our view is not confirmed by govt

avater

Amardeep Prajapati   31 July 2020

Amardeep Prajapati

 7 likes  80 points

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Notification has been issued by govt.

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amol bramhankar (artical tranee)     31 July 2020

amol bramhankar
artical tranee 
 5 likes  147 points

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Sir please give notification or number

avater

Amardeep Prajapati   31 July 2020

Amardeep Prajapati

 7 likes  80 points

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39th GST council meeting

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